Archives :: Business & Economics

Displaying 241 - 260 of 2948 stories.
December 13, 2013
Haldor Topsøe A/S’ (Lyngby, Denmark; www.topsoe.com) board of directors today approved the capital investment needed to carry out the construction that in two primary phases will establish a new automotive catalyst plant in Tianjin Economic Technological Development Area (TEDA) located roughly 100 km east of Beijing. The construction of the plant has already begun and will run over...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-builds-catalyst-plant-in-China_11314.html
December 13, 2013
Bechtel (San Francisco, Calif.; www.bechtel.com) has been selected by BHP Billiton to provide engineering, project management, and construction services for a system that will bring a sustainable water supply to the Escondida copper mine in the Atacama Desert of northern Chile. The project includes construction of a seawater desalination plant at the Caleta Coloso port and the piping and electrical...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Bechtel-to-design-and-build-complex-water-system-for-copper-mine-in-Chile_11315.html
December 10, 2013
The plant engineering and construction company Uhde Inventa-Fischer (Domat/Ems, Switzerland; www.uhde-inventa-fischer.com) and Octal Petrochemicals, the largest PET resin manufacturer in the Middle East and the largest integrated PET sheet manufacturer in the world, successfully commissioned a polycondensation plant for the production of PET for bottle and packaging applications. The two production lines...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Uhde-Inventa-Fischer-completes-PET-MTR-plant-for-Octal-Petrochemicals-in-Oman_11302.html
December 9, 2013
S.C. Poerner Romania S.r.l. (Bucharest), the Romanian subsidiary of the Pòˆrner Group (Vienna, Austia; www.poerner.at), was awarded a contract by the Alexandria Mineral Oils Co. (AMOC) for the extension of the wax plate plant in Alexandria, Egypt. The scope of work comprises the planning and design of the turnkey plant extension as a whole, and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Porner-awarded-turnkey-contract-for-wax-plate-plant-in-Egypt_11296.html
December 4, 2013
Clariant (Muttenz, Switzerland; www.clariant.com) today announced the second expansion of its ethoxylation site at Clear Lake in Pasadena, Texas. Following the first expansion in 2012, now already fully utilized, the investment will provide the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-expands-its-ethoxylation-site-in-Texas_11293.html
December 3, 2013
Black & Veatch (Overland Park, Kan.; www.bv.com) and Exterran Energy Solutions, L.P. (Exterran) are joining forces to reduce capital and operating costs, improve natural gas liquid product yields and enhance system flexibility for natural gas processors. The two companies have signed an exclusive agreement to develop modular natural gas processing units in North America. The modular units will feature...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Exterran-and-Black-and-Veatch-to-market-natural-gas-processing-technology-in-North-America_11287.html
December 3, 2013
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corp., a subsidiary of Occidental Petroleum Corp., and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-wins-contract-for-U-S-ethylene-plant_11288.html
December 3, 2013
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for engineering, procurement and related services for a grassroots molybdenum refinery in Chile. The contract was awarded by MOLYB Ltda., an affiliate company of Codelco, the Chilean Copper...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-contract-for-molybdenum-refinery-in-Chile_11289.html
December 2, 2013
Bartec GmbH (Bad Mergentheim, Germany; www.bartec.de) has acquired Pixavi (Stavanger, Norway), a world leading supplier of mobile communication devices and wireless infrastructure for hazardous areas. The acquisition perfectly complements the Bartec product portfolio, which comprises explosion-proof components and systems, heating technology solutions, measurement and analysis technology as well as...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Bartec-acquires-Pixavi-_11286.html
December 1, 2013
Capital cost calculations I recently read the article “Capital Costs Quickly Calculated” [ Chem. Eng., pp.46­–52, April 2009] and find it extremely informative and useful. I have reservations about the example given about the cost comparison of two spherical storage tanks. The authors state that the costs of spherical storage tanks are proportional to surface area, therefore, to the...
http://www.chemengonline.com/business_and_economics/cost_engineering/Capital-cost-calculations-Postscripts-corrections_11258.html
December 1, 2013
The topic of carrying out process engineering calculations in the most effective manner can be considered in these four ways: 1. The purpose of the calculation 2. The content of the calculation 3. The method used to carry out the calculation 4. The performer of the calculation   The purpose of the calculation Engineers typically carry out calculations for a variety of purposes including the following...
http://www.chemengonline.com/business_and_economics/cost_engineering/Calculations-in-Process-Engineering_11278.html
December 1, 2013
Plant Watch Chandra Asri and Michelin partner on synthetic-rubber manufacturing plant November 11, 2013 — PT Chandra Asri Petrochemical Tbk (Jakarta, Indonesia; www.chandra-asri.com) and Compagnie Financière Michelin have formed a partnership for the inauguration of a synthetic-rubber plant. Construction of the plant is planned to begin in early 2015, with completion and startup targeted at...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Mitsui-Chemicals-expands-polypropylene-capacity-in-North-America-and-more-business-news_11253.html
December 1, 2013
Preliminary data for the September 2013 CE Plant Cost Index (CEPCI; the most recent available) indicate that costs rose in all subcategories compared to the previous month, except the...
http://www.chemengonline.com/business_and_economics/plant_cost_index/Current-economic-trends_11282.html
November 27, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com) has produced its first commercial volumes of 1,4-butanediol (BDO) from renewable raw material, and is offering this product to customers for testing and commercial use. The production process relies on a patented fermentation technology from Genomatica (San Diego, Calif....
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-produces-first-commercial-volumes-of-bio-based-butanediol_11285.html
November 26, 2013
The U.S. economy is likely to see continued, albeit conservative growth in 2014, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) monthly Chemical Activity Barometer (CAB), released today. The Chemical Activity Barometer is an established leading economic indicator, shown to lead U.S. business cycles by an average of eight months at cycle peaks, and...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/CAB-rises-over-October-ACC-says_11283.html
November 22, 2013
The U.S. Chemical Production Regional Index (U.S. CPRI) was lower by 0.2% in October, following a revised 0.3% decline for September, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   Measured on a three-month moving average basis, chemical production showed...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Chemical-production-in-the-U-S-edges-lower-in-Oct-ACC-says_11269.html
November 21, 2013
Wacker Chemie AG (Munich, Germany; www.wacker.com) plans to expand its production capacity for dispersible polymer powders capacity at its Nanjing (China) site in 2014. By productivity improvement and debottlenecking measures in existing facilities, Wacker intends to essentially double its current capacity of 30,000 metric tons per year (m.t./yr) to meet increasing customer demand in China. Debottlenecking...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Wacker-to-expand-dispersible-polymer-powder-capacity-in-China_11242.html
November 21, 2013
Caloric Anlagenbau GmbH (Gräfelfing, Germany; www.caloric.com) has been awarded a contract for the engineering and manufacturing of a new thermal treatment plant with an integrated HCl recovery unit from a major chemical company in Poland. The thermal treatment...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Caloric-to-build-incinerator-with-HCl-recovery-in-Poland_11268.html
November 19, 2013
GE (www.ge.com) and Carbon Holdings today signed a US$500 million agreement to provide technology and equity support to the greenfield naphtha cracker and olefins complex project of Tahrir Petrochemicals in Ain Sokhna, Egypt. As part of the partnership, GE will provide equity financing and advanced technologies to the new petrochemicals complex. This is part of an integrated package of solutions to meet...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/GE-and-Carbon-Holdings-sign-agreement-for-Egypts-largest-petrochemical-plant_11235.html
November 19, 2013
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Axion...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-wins-EPC-contract-for-new-coker-in-Argentina_11236.html
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